Former Brazilian President Luiz Inácio Lula da Silva of the Workers' Party (PT, left) Friday announced in an official manner that his former rival in the 2006 elections, Geraldo Alckmin, will be his running mate Oct. 2.
Former São Paulo Governor Geraldo Alckmin Wednesday announced he was leaving the PSDB after more than 33 years in the party, citing it was time for a change. According to several press reports, he is likely to run for Vice President next year behind the former head of state Luiz Inácio Lula Da Silva.
Former Brazilian President Luiz Inácio Lula Da Silva and former São Paulo State Governor Geraldo Alckmin were said Monday to have been working on a possible ticket for next year's presidential elections.
Brazilian markets ticked higher on Friday, bolstered by a new presidential election poll, sending the benchmark Bovespa index up more than 1% as the country's currency, the real, gained about 0.78%.
Pollster Ibope released on Tuesday its latest vote intention survey for the different Brazilian candidates who will be disputing the first round of the presidential election next October 7, and they proved to be quite similar to those made public a day before by another significant pollster Datafolha.
Brazilian equities and currencies slumped on Tuesday after an opinion poll on the presidential election showed leftist candidates gaining ground while market-friendly centrists did not.
In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.
Brazil’s business-friendly presidential candidate Geraldo Alckmin unveiled a campaign ad against gun violence on Thursday that targeted his far-right pro-gun adversary Jair Bolsonaro.
The popularity of imprisoned former Brazilian president Lula da Silva has grown strongly despite his corruption conviction, an election poll on Wednesday showed, a result that rattled markets and raised the possibility that Lula’s running mate could ultimately become the next occupant of the country’s presidential palace.
The Brazilian real led losses among Latin American currencies on Monday after an opinion poll showed the market's preferred candidate in October's presidential elections lagging far behind his rivals. The Real was down 0.76% and 15.98% in the eight months of the year.